Apple's profit soared in the latest quarter thanks to strong sales of its iPods and Macintosh computers, the company reported Wednesday

The iPod maker reported profit of 87 cents per share for the second quarter on revenue of $5.26 billion.

Analysts estimated the company would earn 64 cents a share on $5.17 billion in revenue for the quarter, according to Thomson Financial.

The company earned 47 cents per share in the year-earlier period on revenue of $4.36 billion.

Net income rose 88 percent to $770 million, up from $410 million in the 2006 quarter.

Gross margins rose to 35.1 percent, up from 29.8 percent in the year-earlier quarter. International sales accounted for 43 percent of the quarter's revenue, the company said.